The number one question I always get asked when people figure out I am in real estate is “Oh how is the market doing”? Well that’s a tricky question I usually say because it depends if you are in the buying or selling or apartment locating etc. Although, generally speaking the real estate market for 2019 in Austin Texas has expanded like no other! Austin Texas is the 3rd largest growing city in the country. People are moving here every single day of the year.
In fact, 500 people move here a month. What does this mean for the market? It means that we need to get on with building more condos, apartments and houses! You see I truly do believe Austin Texas is the best city to live in. Why? Because you cannot compare Austin to any other city in the country. The population for downtown Austin has doubled from 2008 to 2018 and its only going to increase.
Austin is a booming city. Not only is Austin a booming city, but all of the cities around Austin are booming as well. Austin has events, entertainment and a community like no other. I have never experienced any place like Austin. Everyday is an adventure when you live in Austin Texas. There is always something new and fun to do! I believe that’s why everyone is moving here because they realize what a great city it truly is.
In conclusion, I would say the real estate market for Austin is great at the moment, especially as we move into the summer that is the hottest time of the year outside and in the market!